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Maersk – All The Way

UK and Welsh governments have reached a deal for two freeports in Wales.

This is a very good decision for international trade, for Wales, UK, the landbridge between EU-UK-Ireland-Norther Ireland.

Anglesey has secured freeport status in a move backers say will create thousands of jobs. In May 2022, the Welsh Government reached an agreement with the UK Government to estblish a freeport programme in Wales after a long stand-off over the levels of funding.

The island freeport around Holyhead was up against the Celtic Freeport in Milford Haven and Port Talbot and a multi-site freeport in south east Wales that included Cardiff Airport. Tonight it was confirmed that Anglesey and the Celtic Freeport had both been successful.

Source: DailyPost

  • The UK and Welsh governments jointly confirm that Anglesey Freeport and Celtic Freeport have been successful in their bids to establish new Freeports
  • Prime Minister Rishi Sunak announces successful sites on joint visit with the First Minister – delivering on commitments to grow the economy and level up
  • Backed by up to £26 million each in UK Government funding, the two Freeports will help to level up Wales and bring new, high-skilled jobs
  • New sites expected to bring forward an estimated £5 billion of private and public investment and create around 20,000 new, high-skilled jobs

Source: GOV.UK